TexasCHLforum.com

This is a link discussing the controversy and the class-action suit.

Wag2323 wrote: I currently have the prepaid thing and have been on the fence about it the whole time. But I also debate if I didn't how much of an emergency savings account are we talking about is enough?

I think the financial experts recommend minimum 3 to 6-month income.

Just my opinion, but I believe that the only people that really benefit from these programs are those that sell them. I have talked to a few of these people and they don't want to talk about how much they make off the sale. or how much the of premiums actually are paid towards benefits.

We have several lawyers on this forum and I've never seen any enthusiasm from them for these programs. An emergency savings account is a wiser use of your money IMHO.